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proper background on this to you or enough time to thoroughly d=scuss. I hope the following will help fill you in. EFTA_R1_01782356 EFTA02597029 Phaidon had a working cap line with Lloyds Bank when=the company was acquired. When the line was up for renewal Lloyds requeste= full net worth information
f of the scheduled repayment was made due to a ti=ht cash situation. In the Apr-Jul period the balance moved back into range (with the addl $300k). Phaidon =80 s new management team joined in April. In the subsequent months, Keit= and John worked to get their arms around the cash needs for the balance o
as s=t at $15mil in order to facilitate funding of Regan Arts as well as Phaido=. The same schedule of permitted drawdowns that had been part of the Lloyds facility was attached to the lo=n agreement. With hindsight, the document Paul Weiss had worked with Ada t= create facilitated lending from Black Fa
lutions for both borrower and lender B of A was willing to give us a rate of 2.0% over LIBOR with the guarantee from the Trust. Lloyds was charging Phaidon 3.5% over the base rate with a debenture as security. Can I charge set this up with 2 over LIBOR or do I need to do more? Good to go on this? Than
t Appraisal 7) resolutions for both borrower and lender B of A was willing to give us a rate of 2.0% over LIBOR with the guarantee from the Trust. Lloyds was charging Phaidon 3.5% over the base rate with a debenture as security. Can I charge set this up with 2 over LIBOR or do I need to do more? Good
lutions for both borrower and lender B of A was willing to give us a rate of 2.0% over LIBOR with the guarantee from the Trust. Lloyds was charging Phaidon 3.5% over the base rate with a debenture as security. Can I charge set this up with 2 over LIBOR or do I need to do more? Good to go on this? EFTA
t Appraisal 7) resolutions for both borrower and lender B of A was willing to give us a rate of 2.0% over LIBOR with the guarantee from the Trust. Lloyds was charging Phaidon 3.5% over the base rate with a debenture as security. Can I charge set this up with 2 over LIBOR or do I need to do more? Good
lutions for both borrower and lender B of A was willing to give us a rate of 2.0% over LIBOR =ith the guarantee from the Trust. Lloyds was charging Phaidon 3.5% over the base rate with=a debenture as security. Can I charge set this up with 2 over LIBOR or do I need =o do more? Good to go on this? Than
t Appraisal 7) resolutions for both borrower and lender B of A was willing to give us a rate of 2.0% over LIBOR =ith the guarantee from the Trust. Lloyds was charging Phaidon 3.5% over the base rate with=a debenture as security. Can I charge set this up with 2 over LIBOR or do I need =o do more? Good
Entities connected to both Phaidon and Lloyds

Jeffrey Epstein
PERSONEileen Alexanderson
PERSONLeon Black
PERSON
Marc Rich
PERSON
Michael Cohen
PERSON
NEW YORK NY
LOCATIONBlack Family Partners
ORGANIZATIONPhaidon Global LLC
ORGANIZATION
United States
LOCATION
Richard Kahn
PERSON
Lesley Groff
PERSONDarren Indyke
PERSON1) Loan Agreement
ORGANIZATION
Apollo Global Management
ORGANIZATION
White Plains
LOCATIONRichard Ressler
PERSONCourtney Wild
PERSON
JPMorgan Chase
ORGANIZATION